Fred Smith Was Told By Yale Professor That His Overnight-Delivery Idea Would Only Earn Him A 'C' — The FedEx Founder Turned It Into A $54 Billion Logistics Giant
Frederick W. "Fred" Smith, whose Yale term paper sketching a coast-to-coast overnight-delivery network drew only a "C," used the same blueprint six years later to launch Federal Express (NYSE:FDX), upending global logistics and making him a billionaire. Smith died Saturday, June 21, in Memphis at 80, the company confirmed.
Benzinga ·